Board of Directors Meeting AUGUST 11, 2017 MINUTES

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Marlins Park 501 Marlins Way, Miami, FL 33125 Board of Directors Meeting AUGUST 11, 2017 MINUTES Sunshine Guidelines & Public Record Notice The Florida Sports Foundation held this meeting and

1 Marlins Park 501 Marlins Way, Miami, FL Board of Directors Meeting AUGUST 11, 2017 MINUTES Sunshine Guidelines & Public Record Notice The Florida Sports Foundation held this meeting and operated in compliance with the Government in the Sunshine Guidelines and Florida Public Records Laws. This meeting was posted and open to the public. Welcoming, Introductions, and Roll Call Welcome: Vice Chair, Jeff Mielke, welcomed the Florida Sports Foundation board, to the August board meeting in Miami, FL. Introductions: Vice Chair, Jeff Mielke, welcomed everyone, including board members, guests, and staff. Roll Call: Members Present: Jeff Mielke, Patrick Lawlor, Rick Hatcher, Michael Forde, Joanne Fava, Claude Delorme, Marcus Bach- Armas, Bill Wickett, Sean McCaffrey, Jesse Biter Conference Call: Pamella Dana, Caleb Quaid, Megha Parekh, Cindi Bonner, Rick Nafe Absent: Renato Reis, Jarred Diamond, Jack Peter, Frank Kelleher Florida Sports Staff: Angela Suggs, Lisa O Steen, Elissa DiCampli, Charlotte Cowen, Nick Gandy, Stephen Rodriguez Department of Economic Opportunity Staff: Katherine Morrison Approval of Board Minutes Vice Chair, Jeff Mielke, asked for any public comments, (none) then called for a motion to approve the February 10, 2017 Board Minutes and the May 18, 2017 Board Call Minutes. The motion was moved, seconded, and approved unanimously. Motion Moved: Rick Hatcher Seconded: Marcus Bach-Armas 1

2 Financial Report Treasurer, Patrick Lawlor gave the following financial report to the Board: Fiscal Year ( ) Budget vs. Actual (Restricted vs Privately Funded) The report was an overview of the Fiscal Year Budget. Lawlor reported that FSF s restricted expenses were a little over $5 million for the fiscal year, but the money FSF brought in to the state based on that budget is incredible. He also highlighted the increase of $294K in sales of professional team license plates. Lawlor mentioned a restricted net loss of $1M, but explained that it is because of our commitment to granting $1.5M to the Super Bowl in He then noted that overall we have increased our revenue in every other aspect of the budget. Restricted Revenues Restricted Revenue totaled $4,540,582 with the following items to note. 1. State Appropriations: $1,700,000 (FSG, SSG, Grant Program Funds) 2. Professional Team Tag Sales: $2,794, USOC Tag Revenue: $45,775 Restricted Expenses Restricted Expense line totaled $5,559,235 with the following items to note. 1. Operating, General & Administrative: $80, Program Expenses: $5,478,835 Restricted Net Loss Totaled: $1,018,652 Privately Funded Revenue Privately Funded Revenue totaled $1,075,847 with the following items to note. 1. Private Cash Contributions: $663, Private Cash Reserves: $411,926 Privately Funded Expenses Privately Funded Expense line totaled $662,904 with the following items to note. 1. Employee Expense: $508, Operating, General & Administrative: $119, Travel (Board & Staff): $35,564 Privately Funded Net Profit Totaled: $412,943 Total FY Expense to Date (Restricted & Non-restricted): $6,222,139 Vice Chair, Jeff Mielke, then called for a motion to approve the 2017/2018 Proposed Budget. The motion was moved, seconded, and approved unanimously. Motion Moved: Michael Forde Seconded: Joanne Fava 2

3 Tag Sales Report Secretary, Rick Hatcher gave the following Tag Sales report to the Board: Professional Sports Teams Revenue Summary Secretary Hatcher discussed the tag report for the fiscal year. Hatcher reported that the tag sale revenue was just over $3 million with 121,513 tags sold. This is a 3% increase from the fiscal year with a raise in revenue of $102K and a raise in tag sales of 4,088. The FSF received about $2.7 million of the tag sales revenue, which is a net increase of around $94K compared to the fiscal year. Hatcher applauded the Tampa Bay Buccaneers for having the largest increase in tag sales. Specialty Tag Teams Revenue Summary Rick Hatcher noted that the USOC tag is down one tag sale from last year. The NASCAR and Tennis tags have increased their tag sales from the fiscal year with NASCAR having sold 173 additional tags and Tennis 217. A total of 13,476 specialty tags were sold in the fiscal year. The FSF Staff will continue doing several promotions to assist the sales of tags. Sunshine State Games, Senior Games Update At-Large, Caleb Quaid gave the following update on Sunshine State and Senior Games for this FY to the Board: Florida Senior Games At the fiscal year end we had 21 qualifiers leading up to the Florida Senior Games, with a total of 13,725 athletes and over 27,000 total attendees. One of the highlights was the celebration of the 25 th anniversary of the Florida Senior Games and qualifying athletes for the 30 th anniversary of the National Senior Games. At the National Senior Games FSF SVP Stephen Rodriguez was recognized as one of the 30 champions of the game. We had over 900 Florida athletes that competed in the National Senior Games, bringing home the second highest medal count with 576 total medals and setting 17 age group records. We had 9 Floridians over the age of 90 compete. Coming up the FSG will be hosting softball next weekend in Madeira Beach. Sunshine State Games The SSG had 9,499 athletes participate and over 15,000 total attendees. Caleb highlighted that Olympic gold medalist Ashleigh Johnson competed on the riptides open women s team for water polo in Coral Springs. She s competed every year in the water division and each time she s played her team has won gold. Two-time Olympic gold medalist Kayla Harrison also visited the Sunshine State Games to address the athletes, take pictures, sign autographs, and hand out medals. Sunshine State Games kicked off the new fiscal year with badminton in Miami Lakes in July. 3

4 Presentations/Guest Speakers Vice Chair Jeff Mielke, introduced two speakers to give an update on the NCAA and to discuss and highlight their success as Sports Commission NCAA and Treasure Coast Sports Commission. NCAA Update Dr. Pamella Dana Dr. Dana reported that Florida was selected to host 51 NCAA Men s and Women s Championship events in divisions one, two, and three. These events will be held between November of 2018 and May of These 51 championship events are comprised of 8 different sports to be held in 9 Florida host communities. The NCAA received over 3,000 bid submissions from NCAA member schools, conferences, and sports commissions to host predetermined rounds for 84 for the NCAA s 90 Championships. There were 43 states selected to host at least one round of an NCAA Championship, with Pennsylvania leading the way with a total of 53 and Florida awarded the second most with 51. Our communities in Florida awarded to host the championship events include Altamonte Springs, Howey-in-the-Hills, Lakeland, Jacksonville, Orlando, Palm Beach Gardens, Sarasota, Tallahassee, and Tampa. The sports awarded to Florida include Basketball, Cross Country, Golf, Rowing, Soccer, Tennis, Track and Field, and Volleyball. Since 2014, Florida has hosted over 90 NCAA Championship events. Treasure Coast Sports Commission Update Rick Hatcher Hatcher mentioned that Treasure Coast Sports Commission is a 501(c)(3) non-profit Florida Corporation that was established in They are one of two regional sports commissions in the state of Florida, representing Indian River, St. Lucie, and Martin counties. They are the Sports tourism marketing organization for the Treasure Coast region. They retain about 95% of their business with event owners. The Treasure Coast Sports Commission s initiatives are to recruit, retain, and re-engage, increase corporate partnership dollars, own and operate Treasure Coast Sports Commission events, perform facility research and development, and host a local sports tourism summit. In the fiscal year they held 82 events with 99,401 participants and 52,572 room nights. They generated over $32.3M in economic impact and over $53.9M in economic output. They are funded by bed tax through Tourist Development Tax Grants, Florida Sports Foundation Grants, Corporate Partnership, and Event Revenue. Some of their event partners include the Florida High School Athletic association, Historic Dodgertown, Special Olympics, Sunshine State Games, National Junior College Athletic Association, etc. Some of the venues they provide are Historic Dodgertown, North County Aquatics Center, PGA Golf Club, First Date Field, Indian River State College, US Sailing Center, etc. In 2017 Historic Dodgertown tracked 62,100 room nights, generating $34M in economic impact for Indian River County. First Data Field, located in St. Lucie, is the spring training home of the New York Mets and hold 7,160 people. The US Sailing Center in Martin County is one of only three Community Sailing Centers in the United States sanctioned by the US Sailing Association. 4

5 Grants Discussion/Approval Grant Committee Chairman, Bill Wickett gave an update on the FSF grant programs and proceeded with the grants discussion. PRESENTATIONS: 2018 Miami Open-Tom Annear, Vice President Sales, Tennis, IMG Events Annear began his grant presentation with an overview of The Miami Open, by stating that it offers over $15.5M in prize money and is a top-tier mandatory event on the ATP and WTA tours. It delivers the largest television audience and broadcast hours in tennis, behind only the four Grand Slams. More than 38% of the audience comes from outside the state of Florida, so the Tournament has an estimated $386M local economic impact, which is larger than the last Super Bowl played in Miami. The 2017 Miami Open had over 304,000 in attendance. Grants Discussion/Approval The Board of Directors reviewed (32) Grant Applications received through the July 10, 2017 deadline. All of the grant applications were submitted to the board for approval. The (32) Grant applications submitted for approval would total $421,750 in awards and are expected to generate over $154M in out of state economic impact, and welcome over 159K visitors to the state of Florida. Vice Chair asked for any public comments and then called for a motion to accept and approve the submitted (32) Grant Recommendations. Motion Moved: Rick Hatcher Seconded: Joanne Fava Note: Lawlor, Abstained from Voting on #5, 15, 16, 20, 29, 31, 32 Biter, Abstained from Voting on #3, 12, 14, 17 Nafe, Abstained from Voting on #25 Wickett, Abstained from Voting on #25 Fava, Abstained from Voting on #3, 12, 14, 17 Forde, Abstained from Voting on #1 McCaffrey, Abstained from Voting on #6,7, 28 Quaid, Abstained from Voting on #25, Therefore a quorum is met on each grant. 5

6 Small Market Grants Discussion/Approval The (4) Small Market Grant Applications would total $10,525 in awards and are expected to generate over $1M in out of state economic impact, and welcome over 2K visitors to the state of Florida. The Board discussed all small market grants voted based on the Grant Committee Recommendations. Vice Chair asked for any public comments and then called for a motion to accept and approve the submitted (4) Small Market Grant Recommendations. Motion Moved: Joanne Fava Seconded: Rick Hatcher Therefore a quorum is met on each grant. SICA Grant Discussion/Approval The (1) SICA Grant Application would total $5,000 in awards and is expected to generate over $321K in out of state economic impact, and allow for great exposure for the Sports Industry in the state of Florida. The Board discussed the SICA grant application voted based on the Grant Committee Recommendation. Vice Chair asked for any public comments and then called for a motion to accept and approve the submitted (1) SICA Grants Recommendation. Motion Moved: Michael Forde Seconded: Claude Delorme Note: Biter, Abstained from Voting Fava, Abstained from Voting Therefore a quorum is met on the grant. Vice Chair then called for a motion to correct a clerical error that occurred in the fourth quarter grant application to award the remaining $7,500 to Palm Beach County Sports Commission s Perfect Game World Wood Bat Association (WWBA) World Championship grant. Motion Moved: Joanne Fava Seconded: Marcus Bach-Armas Note: Lawlor, Abstained from Voting Therefore a quorum is met on the grant. 6

7 World Baseball Classic & All-Stars Report Grant Committee Chairman, Bill Wickett gave a briefing on the status of the grant. The FSF approved a $130,000 grant to the Greater Miami CVB for the World Baseball Classic, but we can t release those funds until we receive proper documentation from the host organization. The FSF is currently waiting to receive documentation of community support. For the time being the FSF is waiting to release the funds until given proper documentation. Claude Delorme, Miami Marlins, gave an overview of the impact of the two events. Miami was the first city selected to host two dual events by the MLB. Delorme reported that 28 countries and territories from around the world participated in the World Baseball Classic. Marlins Park hosted 6 games of the First Round from March 9-12, These games featured Canada, Columbia, Dominican Republic, and USA. There was an attendance of 163,878 people, which is the highest first round total for a U.S. venue in WBC history. Claude also highlighted the All-Star Game reporting 100,000 people attended the three days of events. The homerun derby was 1,000 tickets shy of a sold out stadium and the All-Star game was sold out. Over 110,000 tickets were sold for the MLB fan fest, which was held in the Miami Beach Convention Center. Florida Legislative Update FSF Director of Marketing, Lisa Kirkland O Steen gave a brief overview of reports/requests from The Legislative Office of Economic and Demographic Research and The Office of Program Policy Analysis and Government Accountability. Florida Sports Day at the Capitol FSF Director of Marketing, Lisa Kirkland O Steen gave a brief recap of the success of Florida Sports Day at the Capitol and displayed some pictures of the event. Spring Training Facilities Update Katherine Morrison, DEO, started by reporting that there is a spring training program within the state of Florida where the state provides funding for either renovation or new construction of facilities. They are currently reviewing an application to get the Atlanta Braves to relocate from the Orlando area and construct a new facility in Sarasota. The city of Dunedin is also working to get a facility for the Toronto Blue Jays. 7

8 Board Vice Chair Remarks Vice Chair, Jeff Mielke, addressed the current absence of an Executive Committee Board Chairman. Mielke made a recommendation for Jesse Biter to be appointed to this position. Vice Chair then called for a motion to elect Jesse Biter to fill the Executive Committee Board Chairman position until the end of the fiscal year. Motion Moved: Rick Hatcher Seconded: Patrick Lawlor Next Board Meeting Vice Chair, Jeff Mielke, advised the Board of Directors that the next Board Meeting would be held November 10th at the Lake Nona Tennis Center, which is USTA s new national headquarters. All questions and travel arrangements should be made through Elissa DiCampli. Public Comments Vice Chair, Jeff Mielke, asked for any Public Comments at this time. There were no comments. With no further business to come before the meeting, the meeting was, on motion duly made (Rick Hatcher) and seconded (Patrick Lawlor), ADJOURNED. 8

Monthly Partner Update - June, 2017

Monthly Partner Update - June, 2017 The mission of the Florida Sports Foundation (FSF) is to assist Florida s communities with securing, hosting and retaining sporting events and sports-related business